Category Insurance

AM Best Affirms Credit Ratings of Pie Insurance and Pie Casualty AM Best has officially removed Pie Insurance Group from its previous under-review status, which carried negative implications, and has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) along…

The Baldwin Group Secures $110M Note Purchase for New Insurance Exchange The Baldwin Group, operating under the brand name The Baldwin Insurance Group, Inc. (NASDAQ: BWIN), has officially announced a significant financial development in its ongoing expansion efforts. The company…

AM Best Reaffirms Credit Ratings for Summit Insurance Company Limited AM Best has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (ICR) of “a-” (Excellent) for Summit Insurance Company Limited (Summit), headquartered in…

Protective and Resolution Life Enter $9.7B Strategic Reinsurance Agreement Protective Life Corporation (“Protective”), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), has announced the signing of a major strategic reinsurance agreement with Resolution Life, a global insurance group known…

Rivonia Road Capital Extends $50 Million Credit Facility to Insurance Commission Advance Provider Rivonia Road Capital LLC (“Rivonia”) is pleased to announce the successful closing of a $50 million senior secured revolving credit facility for a leading provider of commission…

AM Best Upgrades Outlook to Positive for Grange Insurance Group Members AM Best has recently revised the outlooks for Grange Insurance Group (Grange) from stable to positive, signifying an improvement in the company’s overall financial and operational performance. Additionally, AM…

Q1 2025 Insurance Labor Market Study Shows Continued Stability The latest iteration of the Semi-Annual U.S. Insurance Labor Market Study, conducted by The Jacobson Group, a premier provider of talent solutions for the insurance industry, and Aon plc (NYSE: AON),…

AM Best Confirms Credit Ratings for Fidelis Insurance Holdings Limited and Its Subsidiaries AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for Fidelis Insurance Bermuda Limited…

Crédit Agricole CIB Closes $1.2B Sustainability-Linked Loan with Suzano Crédit Agricole CIB has successfully closed a landmark $1.2 billion Sustainability-Linked Export Prepayment Facility with Suzano International Finance B.V. The transaction highlights Crédit Agricole CIB’s role as the Sustainability Structuring Agent,…

KBRA Assigns AA Rating with Stable Outlook to Louisiana General Obligation Refunding Bonds, Series 2025-A, and Affirms Parity Bonds Rating Introduction Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of AA to the State of Louisiana’s General Obligation…

BrightShore Insurance Launches in New Jersey, Offering Comprehensive Homeowners Coverage with Built-In Flood Protection BrightShore Insurance Company (“BrightShore”) has officially launched in New Jersey, addressing a critical gap in the insurance market for coastal homeowners. The company’s innovative approach combines…